IRA Turns One Year Old; EV Questions Remain


The federal Inflation Reduction Act (IRA) turned a year old this week. E&E News reports that many questions remain regarding the law’s long-term effect on the electric vehicle industry and its supply chain. One study finds that since the enactment of the IRA, private industry has invested $56 billion into the EV ecosystem to build everything from battery materials to charging stations. Ohio has emerged as a leader in EV-related projects, and Northwest Ohio’s 9th Congressional District is the nation’s top congressional district for total EV projects with six. The OMA recently published this look at how the EV transition is impacting Ohio’s auto sector. 8/17/2023